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UBS launches white paper for the World Economic Forum Annual Meeting 2015

January 21st, 2015 (0)
Publication recommends solutions to challenges presented by US energy independence, technological advancement, financial policy shifts, and the environmental credit crunch. Zurich/Basel, 21 January 2015 – UBS today launches a white paper titled, The New Global Context: Could economic transformations threaten ...

Bitcoin dealer sentenced to four years in US prison

January 21st, 2015 (0)
Robert Faiella, 55, and an accomplice were charged with conspiracy to commit money laundering and running an unlicensed money transmitting business. A New York court Tuesday (Jan 20) handed a four-year prison sentence to a Bitcoin exchange operator who ...

Swiss banks try to calm scared shareholders

January 21st, 2015 (0)
SWISS financial institutions and firms that trade with them yesterday tried to reassure investors who had been walloped by the soaring franc last week, after the central bank removed the currency’s peg with the euro. The Swiss National Bank ...

FCA released about Alpari (UK) Ltd entered into Special Administration Regime

January 21st, 2015 (0)
With a FAQ, FCA informs what is the Special Administration Regime (SAR)? Why did Alpari (UK) Limited enter the SAR? and other necessary details. FAQs 1. What is the Special Administration Regime (SAR)? The SAR, introduced by the government ...

Forget Switzerland: These banks will be hit by SNB shock

January 20th, 2015 (0)
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...

Alpari Limited Russia issued a press release on Alpari Uk and Alpari Japan Insolvency

January 20th, 2015 (0)
Further to Alpari UK and Alpari Japan insolvency procedures (Alpari (UK) Ltd is under administration) (Alpari Japan K.K. is under Administartion), Alpari Limited: Stated that Alpari UK is a separate legal entity operating under the Alpari brand and its ...

Markets advance in anticipation of the ECB meeting

January 20th, 2015 (0)
US stock markets were closed on Monday for the Martin Luther King Jr. holiday. When trading resumes today investor attention will likely be focused on earnings reports of big corporations like Morgan Stanley, Johnson & Johnson, IBM and Netflix. ...

New Deloitte Report Looks at Facebook’s Impact on Global Economy, Jobs

January 20th, 2015 (0)
In a more open and connected world, it’s not just easier for friends and family to stay in touch. New economic opportunities are being created too. A new report by Deloitte, titled Facebook’s Global Economic Impact, analyzes how Facebook’s marketing, platform, ...

World Economic Outlook (WEO) UPDATE

January 20th, 2015 (0)
Cross Currents   Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment ...

Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar

January 20th, 2015 (0)
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...
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